The 4 types of firms are...

What are sole proprietorships?

What is a partnership (as type of firm)?

What is a limited partnership (as type of firm)?

An "LLC" is...

Corporations are...

Where is the difference between "S-Corporations" and "C-Corporations"?
(In the USA)

What is the role of a board of directors?

What is the role of a CEO (in contrast to the board of directors)?

What are agency problems?

What are the two options in case of corporate bankruptcy?

What are accruals?

What are deferrals?

What is a prepayment?

What is deferred revenue?

What is an accrued expense?

What is an accrued revenue?

What is a provision?

What is a contingent Liability?

How do you create a provision (in the Balance sheet)?

How do you use a provision? (on the Balance sheet)

How do you reverse a provision? (on the balance sheet)

What is asset impairment?

How do you account for an impairment?

What are bad and doubtful debt?

How do you account for Bad Debt?

How do you account for doubtful debt?

What are hidden reserves?

What is the definition of a competitive market?

What is the definition of the market interest rate?

How do you calculate present and future values?

What is arbitrage?

What is a normal market?

What is the separation principle?

What is value additivity?

What is worth more? Money today or money in one year?

How do you calculate the present value of a perpetuity? (Perpetual=never ending)

How do you calcuate the present value of an annuity? (annuity=yearly payment)

How do you calculate the Future Value of an annuity? (annuity=yearly payments)

How do you calculte the PV of a growing perpetuity?

What is the internal rate of return?

What is capital budget?

What is capital budgeting?

What are incremental earnings?

When calculating incremental earnings, what needs special attention?

What are project externalities?

What is cannibalization? (In business terms)

Should fixed overhead costs be included in the calculation of incremental earnings?

Should the costs for (already executed) R&D be included in the calculation of incremental earnings?

What is the free cash flow of a project?

Where are the differences between calculating free cash flow and incremental earnings of a project?

What is the Net Working Capital?

What is the trade credit?q

What is a sensitivity analysis?

What is a scenario analysis?

What is the unlevered Net Income?

How do you calculate the Free Cash Flow?